Auto Warranty Companies Fight For Your Business
auto warranty - The industry of auto warranty companies is a fiercely competitive one. You will find a limited number of cars on the streets - granted, there are millions of them, and all of them, at one point or still, has or experienced a warranty - but with the great number of companies fighting for the business of the drivers, this means that each car owner is the target of some very hungry sales reps.
This is definitely a daunting position to be in for any car owner. Whether you are purchasing a new car from a dealership, or purchasing a used car, you will see people selling you their warranty services.
Within the dealership, you might run into a pushy sales representative that will try everything they could to obtain to sign on for an extended warranty once you help make your initial purchase. There are advantages to buying during those times, including obtaining the costs from the warranty rolled up to the financing for that car, and knowing that your dealership will continue being the spot to have any repairs or replacements done. However these comforts could end up costing you hundreds or lots of money over time. Sales representatives make huge commissions on warranties, so they're eager to get you to enroll in one. If you sought out your own quotes from third-party extended warranty providers, but the price that is rolled into the financing will likely be a lot higher than it would. Granted, you will have to pay more up-front with those third-party companies, rather than adding a tiny number in your monthly car payment bills. Nevertheless it would likely save a little money.
But as not all the car sales person is out to rip you off, not every third-party providers are great guys, either. The conditions and terms of the warranties they offer, although there are some risky ventures out there, so a wise shopper will compare not only the prices offered by these vendors. Don't waste your time or money - it's likely a scam, or just a really bad set of terms that will tie you to some big costs further down the road, if a company won't let you review the warranty before you buy. Auto warranty companies will fight to achieve you as being a client, so use that to your benefit. Compare prices, look at all the relation to the warranties offered, and tell the firms you talk to “hey, cause me to the very best offer.” Someone else will if they can't.